IS THERE A REGULATORY BODY

[upyem2k]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

[Slow death]

This question is very strange, it seems to me that you entered this market and never knew what is bitcoin and what its purpose was created. Answering your question, there is no regulator that controls the price, the price rises and falls depending on the demand. But why did you think there might be some bitcoin regulator? bitcoin is decentralized, I believe you have heard that word "decentralized" a lot

[harizen]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

After over a year of lurking in the crypto world, you should understand by now what should be the closest answer to your concern, especially those factors why bitcoin price is increasing and decreasing.

How can you say these things if you don't have quite a knowledge about the factors responsible for bull and bear run or overall, the market situation.

I think the fall of demand and supply will definitely set in. And I even think that is what is done price is pumped. The investors buy the low price order and that leads to demand pull inflation which brings up the price.

Everyone that joined cryptocurrency community in the past two three years must have learnt that earning or making profits from cryptocurrency doesn't at all depend on the duration of hodling. It is a matter of Know the bear and the bull run and selling and buying at the appropriate time.

Just like you have stated your interest in investing in Bitcoin. But investing in altcoins token might be a mistake or loss of fund. Invest in Bitcoin and ethereum now that the price is cheaper to be able to make something reasonable in the time of the next bull run.

[adzino]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

No, there are no regulatory body for bitcoin or ethereum. If they did exist, the said crypto currencies would no longer be a decentralized currency. The main factors that decide the price of the coins are us and the coins. By "us" and the "coins", I mean the demand for the coins and the supply for the coin. Bull run takes place when the price of the coin starts to rise rapidly due to high demand (because of some specific event or for no reason) and bear market takes place when the supply increases rapidly more than the demand. It happens randomly with no one deciding if a bear or a bull run will take place.

[squatter]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

The traditional answer in a free market is "supply and demand." When buyers outnumber sellers, price rises.

Regulators usually aren't responsible for price movements, except where markets are controlled. One example would be the Chinese Yuan, which isn't a free floating currency like most fiat currencies. It's pegged to the US dollar by the Chinese government.

[kawetsriyanto]

Is there a regulatory body for bitcoin price?

As we know so far, Bitcoin is decentralized. So, no institutions regulate the Bitcoin price on the market.
It is already described here : https://en.bitcoin.it/wiki/Principles_of_Bitcoin

The traditional answer in a free market is "supply and demand." When buyers outnumber sellers, price rises.

Yes, exactly. Basically, the price of Bitcoin or Ethereum will depend on the supply-demand on the market. But we may consider another factor like pump-dump activity. Currently, this also determines how the values of crypto coins, including Bitcoin or Ethereum.

[AmoreJaz]

This question is very strange, it seems to me that you entered this market and never knew what is bitcoin and what its purpose was created. Answering your question, there is no regulator that controls the price, the price rises and falls depending on the demand. But why did you think there might be some bitcoin regulator? bitcoin is decentralized, I believe you have heard that word "decentralized" a lot

this is one of the reasons why a lot of crypto users are still ignorant of what is really going on around him.
And that is why several projects are banking on those type of users and make money out of them.
if you want to educate yourself, you can always read countless threads in this forum. or maybe ever heard of Google?

[Duzter]

The supply available to the increased demand due to the rising adoption that is taking place in large scale is the reason for the bull and bear trend. Along with this more factors constitute the growth happen on the positive as well negative direction. There is no regulatory body, which is the success for these assets to move free, else someone could've stopped it from reaching big values as well will restrict the fall beyond certain value.

[malevolent]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Supply & demand, but there is a conspiracy theory not without basis that Bitfinex/iFinex/Tether is partly responsible for the rise in Bitcoin price as they can easily create stablecoins out of thin air and use them to pump the price on their exchange and elsewhere.

[carter34]

This question is very strange, it seems to me that you entered this market and never knew what is bitcoin and what its purpose was created.

I don't think Op is totally new here. Look at the activities, is like 350 and that is a lot of time. I wonder if those numbers activities wouldn't have given him/her close to a hero member had the merit system not introduced.
Maybe he is ijust gnorant of the question he asked.

[Darker45]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Information is very abundant inside and outside this forum. All you have to do is to search a little, read a little, and understand a little. Well, the steps should have been "get to know the market" ==> "trade". It is odd if you "trade" ==> "get to know the market."

There is no regulatory body in the market. As they say, there is such a word as "decentralized." However, the market reacts in different degrees to developments within and without the market itself, news whether fake or not, whales, and so on. 

[Little_king]

We are yet to have regulatory body in one circle but some country do put innplacr a kind of regulation to put the blockchain technology in shape and fame for better use and staying out of scam for their jurisdiction sopport has many are dashing in to the air or blockchain with useless token to get rid of people hard earn which I think we still better of, if regulatory body will be establish.

[BitBite5]

I always get surprised how little some people know about bitcoin. They don't make even slightest effort to get at least basic information and that is sad. But I guess they expect for profit to get into their hands right out of the blue.

[Cityhunter123]

I would not like to have any regulatory body, but the fact that it will be unfortunately inevitable

[joelsamuya]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Bitcoin is not regulated and is not controlled by any group or mechanism. However, platforms like cryptocurrency exchanges and third-party platforms, for example, are now starting to be regulated by many governments and hence they are subject to the laws and policies of the country they are in. So the so-called bull or bear market can be the result of the complex demand and supply mechanism happening everyday.

[Ucy]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Simply demand and supply— More buyers cause the price to go up and more sellers cause the price to go down. This is unlike fiat that is pretty much regulated to keep price stable. In theory, fiat price is based on country's GDP but there's some inconsistencies in this. Probably does not apply to all countries.
Cryptocurrency could even be coded to behave like fiat

[Ridwan Fauzi]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Sometimes ago I read an article who stated that there is a stock in my country and meet increasing price around 1.320% for at least three months so as the government temporaly closes the stock to be traded. It looks like your question has the same with this case.

But there is something that you should know bitcoin is not like that, there is no party who regulated it and the price movement based on the user itself which mean if there is some people who buy then its price will increase. And also since bitcoin was designed as decentralized system so as the price movement won't be set by anyone.

[ene1980]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Since you think that all the bull and bear market movement in any financial market is controlled by a regulatory body i have nothing else to say here  .
Regulatory body is meant to monitor any fraud in the market and if anyone is involved in the price manipulation they will be spending a long time behind bars, since there is no regulatory body in the crypto market, there might be manipulation by whales.

[Artemis3]

I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.

Well this is the opposite of freedom and decentralization, exactly how a socialist mind would think: The free market cannot be free and needs the State controlling its price... Perhaps you are thinking floating bands or such by a central bank or something?

You cannot be more far from the truth. Bitcoin is absolutely free, and cannot be controlled. In fact, whatever someone is willing to pay for it in fiat or other altcoin, is absolutely unrelated to it. Bitcoin has nothing in its code that regulates any external factor such as price. And the only thing that regulates Bitcoin is its code, whats written in it, gets executed, nothing more, nothing else.

So to answer your question: No, there is none. Price is decided by the free market, the way it should be.

Bulls and bears will come as they please, to Bitcoin it doesn't matter. This will naturally decay into less volatility, over the course of a few more decades, just like gold has gone "boring" after centuries. Bitcoin is only 10 years old...

[kryptqnick]

This question is very strange, it seems to me that you entered this market and never knew what is bitcoin and what its purpose was created. Answering your question, there is no regulator that controls the price, the price rises and falls depending on the demand. But why did you think there might be some bitcoin regulator? bitcoin is decentralized, I believe you have heard that word "decentralized" a lot

A weird question from the op indeed. Of course, there's no regulatory body controlling the price dynamics. There are, though, other things, somewhat related to it. Firstly, there are regulatory bodies assigned by certain governments that are controlling cryptocurrency projects operating on their territories, require identification of crypto users from this country, etc. And there are also things that can affect the price. I think that the biggest impact comes from the news releases (both good and bad), then there are whales which might make a difference form time to me. But it's largely just us, the Bitcoin community, that set the price by trading.